v3.25.2
INCOME TAXES (Tables)
6 Months Ended
Jun. 30, 2025
INCOME TAXES  
Schedule of reconciliations of the company's effective tax rates to the statutory corporate tax rates

    

Three Months Ended June 30, 

    

Three Months Ended June 30, 

 

2025

2024

 

    

(In Thousands)

    

(In Thousands)

Tax at statutory rate

 

$

5,099

21.0

%

$

4,378

21.0

%

Nontaxable interest and dividends

 

(99)

(0.4)

(101)

(0.5)

U.S. federal tax credits (primarily low-income housing)

 

(858)

(3.5)

(830)

(4.0)

State income or franchise taxes

 

345

1.4

277

1.3

Other

 

7

137

0.7

 

$

4,494

18.5

%

$

3,861

18.5

%

    

Six Months Ended June 30, 

    

Six Months Ended June 30, 

 

2025

2024

 

    

(In Thousands)

    

(In Thousands)

Tax at statutory rate

$

9,603

21.0

%

$

7,858

21.0

%

Nontaxable interest and dividends

 

(195)

(0.4)

(198)

(0.5)

U.S. federal tax credits (primarily low-income housing)

 

(1,717)

(3.8)

(1,659)

(4.4)

State income or franchise taxes

 

733

1.6

735

2.0

Other

 

360

0.8

288

0.7

 

$

8,784

19.2

%

$

7,024

18.8

%